The Nigerian National Petroleum Corporation (NNPC) has indicated it will meet up with the December 2019 deadline proposed by the federal government to end the importation of refined petrol into Nigeria. The development is expected to pave way for the refineries in Port Harcourt, Warri and Kaduna, to produce most of the petrol consumed in the domestic economy.
In 2018, the Minister of State for Petroleum Resources, Dr. Ibe Kachikwu, had disclosed Nigeria would exit importation of petrol and totally depend on its own refined petrol. The minister had then stated that a steering committee headed by him and others had been constituted to fine-tune the process.
But in a September 2018 operations and financial report of the NNPC obtained recently in Abuja, the corporation explained it would abide by the deadline, and was making progress on the plan. “NNPC is intensifying efforts towards the rehabilitation of the refineries to meet the December, 2019 target of ending fuel importation,” the report stated about the plan to meet the target.
Source: THIS DAY